Calamos Supports Greece

European Union

Hungarian PM: EU Should Erect Frontier on Greece's Northern Border

The European Union should establish a new frontier on the northern border of Greece because an agreement with Turkey would not suffice to stop the massive inflow of migrants coming to Europe, Hungarian Prime Minister Viktor Orban said on Friday. "I...

European Commission: 'Turkey's Efforts to Tackle Refugee Crisis Unsatisfactory'

The European Union said that Turkey is not doing everything in its power to decrease the refugee flow crossing the European borders, despite the country’s commitment to do so two months ago. "We are a long way from being satisfied," European...

Greek Unemployment Eased to 24.6% in September

Greek unemployment rate eased to 24.6% in September, slightly down compared to 24.7% in August but 1.5% down compared to September 2014 (26.1%), Eurostat said on Thursday. EU's statistical office said in a monthly report that the Greek unemployment rate remained the...

Greek Migration Deputy: Tens of Thousands of Migrants Will be Stranded in Greece

Greece's Deputy Migration Minister Yiannis Mouzalas stated that tens of thousands of migrants will end up being stranded in Greece and the refugees to migrants ratio is now one to one, while it used to be 80% to 20%. Mouzalas spoke on...

George Soros: Greek Economy will Never Recover within Eurozone

"Greece will never recover as long as it is a member of the Eurozone," said well-known investor George Soros, adding that the country will never be able to repay its debt under current conditions. In an interview with Wirtschaftswoche magazine,...

Varoufakis Set to Launch Political Movement in Berlin, February 9

Former Greek Finance Minister Yanis Varoufakis is reportedly set to unveil his new European left-wing political movement in Berlin on February 9th, Deutsche Welle reports. Varoufakis had already revealed his plans to launch such a movement back in December. The event is slated...

Greek Gov't to Change Immigration Policy Under EU Pressure

The Greek government is to change immigration policy under constant pressure by the European Union in regards to stemming the migrant inflow to Europe. Earlier in the year, Athens had shut down migrant detention centers due to congestion and inhumane...

UNHCR: One Million Migrants Reached the EU in 2015

Over one million migrants and asylum seekers reached Europe by sea in 2015, the office of the UN High Commissioner for Refugees (UNHCR) said Wednesday. Greece was by far the top landing spot with 844,176 arrivals, and over 150,000 reached...

Frontex Launches New Operation on Greek Islands With More Staff and Vessels

Frontex, the European Union's border patrol agency, announced that it has deployed additional staff and equipment to Greek islands for improved external border management in the Aegean Sea. The agency reported that under the new Rapid Poseidon Intervention program, 293 Frontex...

Greek Doctors Work Long Hours Without Rest in Violation of EU Law

Greece is in violation of European Union law by letting doctors work long hours without proper rest, according to a top EU court. A BBC news report says that ten Greek medical associations filed a complaint to the European Court...